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COVID-19 Still Brings Uncertainty to 2021 Trucking Outlook

COVID-19 Still Brings Uncertainty to 2021 Trucking Outlook

As the COVID-19 vaccine helps return life to normal later in the year, the effect on trucking freight and rates will vary as consumer spending is expected to shift back toward services. That’s one takeaway from the transportation analysts at FTR in a recent webinar, “Preparing for 2021.”

January 18, 2021

How COVID is Still Affecting the Supply Chain and Where We Go From Here

How COVID is Still Affecting the Supply Chain and Where We Go From Here

With a severe driver shortage and a supply chain still in chaos from pandemic-induced shifts in consumer behavior, one industry observer is warning of likely hoarding as we get into the holidays. Longer term, vaccine distribution is “THE driver” for broader economy recovery and the post-2021 outlook.

November 10, 2020

COVID-19 Disruption Continues to Affect Freight, Rates
FMCSA Asks for Comments on Broker Transparency Petitions
Re-Opening Measures Positively Affect Truck Freight, Rates
Freight Rates Plummet, Small Fleets Struggle

Freight Rates Plummet, Small Fleets Struggle

As stay-at-home orders in response to the COVID-19 pandemic took hold across much of the country in the latter part of March, the level of freight available – and the rates to haul it – plummeted. This means many of the smallest companies that make up the vast majority of motor carriers are seriously hurting.

April 22, 2020

Growth in Truck Freight, Rates to be Slight in 2020: FTR
FTR: 2019 Freight Market 'Steadier' Than it May Seem

FTR: 2019 Freight Market 'Steadier' Than it May Seem

While it’s been a challenging year for the trucking industry in some ways, comparisons to the runaway market of 2017-2018 may make it seem worse than it is. In their monthly State of Freight webinar Dec. 12, the transportation intelligence analysts at FTR discussed the top trends affecting freight volumes and rates.

December 12, 2019

Uber Freight Gives Shippers Forward-Looking Rate Info
Is the Capacity Crunch Slowing?
What's Behind the Tight Freight Market, and How Long Will It Last?

What's Behind the Tight Freight Market, and How Long Will It Last?

Although the April 1 start to “hard enforcement” of the electronic logging device mandate does not seem to have had a huge effect on trucking capacity (except perhaps in flatbeds), there are a number of other factors that are working to keep capacity tight and rates high, likely at least until late this year, according to FTR.

May 11, 2018

ELD Mandate: Exemptions, Uneven Enforcement Obscure Impact

ELD Mandate: Exemptions, Uneven Enforcement Obscure Impact

It’s impossible to gauge the full impact of the electronic logging device mandate yet, between temporary exemptions and a phased-in enforcement period, and in fact we may not know the true effect on the industry until rates soften significantly, according to FTR analysts.

February 8, 2018

FTR: Tight Capacity, Rate Increases Projected to Continue

FTR: Tight Capacity, Rate Increases Projected to Continue

Truckload capacity will remain tight and rates high, but both may moderate somewhat as market forces come into play, according to FTR analysts. The ELD mandate is still a wild card, with the economy and tax reform playing a part as well.

January 12, 2018

Economy Still Sending Mixed Signals as Capacity Crunch Looms

Economy Still Sending Mixed Signals as Capacity Crunch Looms

Some economic indicators have not bounced back as well as others in the recovery from the Great Recession, but trucking is doing well, and a capacity crunch leads economic expert John Larkin to project truckload rates will rise this year.

March 10, 2015

Will ODFL Underprice its LTL Rivals Once Again?
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